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Qatar banks post increase in LDR ratio

: Wednesday, February 26 - 2014 @ 04:03

QNB Financial Services has said banks in Qatar have reported a 107% surge in loan-to-deposit ratio (LDR) at the end of January 2014, compared with 105% in the previous month, the Peninsula has reported. Loans climbed 2.3% month-over-month and deposits also grew by 1%, the report said. Going forward, the Gulf country’s banking sector is expected to see a rise in activity with public sector leading the way, QNB said.

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Wednesday, February 26- 2014 @ 4:03 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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